LUNC Delivers Stellar Performance and Gains 3+% Over the Past 24H

• The price of Terra Classic (LUNC) surged over the past 24 hours while most of the market recorded a loss.
• LUNC rebounded from the $0.00005840 support to print a higher low – resulting in the formation of a positive trend line.
• At press time, LUNC was trading above the key $0.00006110 resistance level.

While the rest of the cryptocurrency market attempted to find its bearings throughout the past trading session, Terra Classic (LUNC) was able to achieve a 3+% gain. This standout performance enabled the altcoin to overcome a key resistance level over the past 24 hours.

Over the past 24 hours, LUNC’s price rebounded off of the support level at $0.00005840 to print a higher low. Subsequently, a positive trend line had formed on the altcoin’s charts. Furthermore, following the bounce off of this key price point, LUNC’s price entered into a bullish move to break above $0.00006110 and continued to trade above this resistance at press time.

If this bullish momentum continues, then LUNC could also overcome the subsequent resistance level at $0.00006420 as well. In an extreme bullish scenario, the altcoin may f…

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